Ericsson 5G: Nokia has reported a 33% year-over-year fall (30% decline in constant currency) in net sales to 379 million euros in India in Q4 2023. Likewise, its Swedish rival Ericsson this week reported a 40% sequential fall in India sales in the December quarter amid a scaling back of network investments by the country s top telcos after a period of fast-paced 5G network rollouts.
Nokia 5G: Finland’s minister for foreign trade and development, Ville Tavio, who was in New Delhi for a CII conclave, talks about ICT collaboration, trade deals, and the bilateral relationship with India.
Nokia 5G: By 2030, approximately 92% of total mobile subscriptions are expected to be on 4G or 5G technology, Nokia said in its ‘Global Network Traffic 2030 report’ report released Tuesday.
According to a statement released by Nokia, this initiative is expected to transform the organisation from its current 86,000 employees to a more streamlined 72,000-77,000 workforce.